EXETER CITY COMMUNITY TRUST
Health & well-being charity within Exeter and its surrounding area providing sports-related programmes focused on social inclusion, education, health & well-being.Assist in the social and physical education of children, young people and adults of all ages.
Latest income
£2.5m
Latest spending
£2.2m
Registered
2007
Accounts read
FY2025
Financial health, per its FY2025 accounts
The charity reported a net incoming resource of £347,110 for the year ended 31 January 2025, resulting in total net assets of £1,952,027. Unrestricted funds stood at £1,862,925, with free reserves calculated at £690,070, which the trustees state represents approximately 5.3 months of staffing and operating costs. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: six months’ worth of staffing and normal operating costs (held: £690k)
“To this end, the trustees aim to have six months’ worth of staffing and normal operating costs in reserve when practicable.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure £33,487; Income £27,950; Balances due from £11,574; Balances due to £5,023.
“There were the following transactions during the year with Exeter City A.F.C. Limited of which J Tagg and C Harrison were directors of during the year. Expenditure amounted to £33,487 (2024: £58,252) in relation to marketing, business development, venue hire, kit, prizes and recharges. Income in respect of rents and sponsorship amounted to £27,950 (2024: £47,532). At the year-end date balances of £11,574 (2024: £1,250) were due from, and amounts of £5,023 (2024: £1,757) were due to, the football club in respect of trading ledger balances.” — page 39
“There were the following transactions during the year with Exeter College of which R Morshead was a director of during the year. Expenditure amounted to £23,383 in relation to venue hire, Income in respect of services provided amounted to £191,411. At the year-end date balances of £20,798 (2024: £8,560) were due from, and amounts of £3,150 (2024: £1,246) were due to, the college in respect of trading ledger balances.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure £23,383; Income £191,411; Balances due from £20,798; Balances due to £3,150.
“There were the following transactions during the year with Exeter City A.F.C. Limited of which J Tagg and C Harrison were directors of during the year. Expenditure amounted to £33,487 (2024: £58,252) in relation to marketing, business development, venue hire, kit, prizes and recharges. Income in respect of rents and sponsorship amounted to £27,950 (2024: £47,532). At the year-end date balances of £11,574 (2024: £1,250) were due from, and amounts of £5,023 (2024: £1,757) were due to, the football club in respect of trading ledger balances.” — page 39
“There were the following transactions during the year with Exeter College of which R Morshead was a director of during the year. Expenditure amounted to £23,383 in relation to venue hire, Income in respect of services provided amounted to £191,411. At the year-end date balances of £20,798 (2024: £8,560) were due from, and amounts of £3,150 (2024: £1,246) were due to, the college in respect of trading ledger balances.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure £1,812.
“There were the following transactions during the year with Exeter City A.F.C. Limited of which J Tagg and C Harrison were directors of during the year. Expenditure amounted to £33,487 (2024: £58,252) in relation to marketing, business development, venue hire, kit, prizes and recharges. Income in respect of rents and sponsorship amounted to £27,950 (2024: £47,532). At the year-end date balances of £11,574 (2024: £1,250) were due from, and amounts of £5,023 (2024: £1,757) were due to, the football club in respect of trading ledger balances.” — page 39
“There were the following transactions during the year with Exeter College of which R Morshead was a director of during the year. Expenditure amounted to £23,383 in relation to venue hire, Income in respect of services provided amounted to £191,411. At the year-end date balances of £20,798 (2024: £8,560) were due from, and amounts of £3,150 (2024: £1,246) were due to, the college in respect of trading ledger balances.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure £474.
“There were the following transactions during the year with Exeter City A.F.C. Limited of which J Tagg and C Harrison were directors of during the year. Expenditure amounted to £33,487 (2024: £58,252) in relation to marketing, business development, venue hire, kit, prizes and recharges. Income in respect of rents and sponsorship amounted to £27,950 (2024: £47,532). At the year-end date balances of £11,574 (2024: £1,250) were due from, and amounts of £5,023 (2024: £1,757) were due to, the football club in respect of trading ledger balances.” — page 39
“There were the following transactions during the year with Exeter College of which R Morshead was a director of during the year. Expenditure amounted to £23,383 in relation to venue hire, Income in respect of services provided amounted to £191,411. At the year-end date balances of £20,798 (2024: £8,560) were due from, and amounts of £3,150 (2024: £1,246) were due to, the college in respect of trading ledger balances.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Income £315.
“There were the following transactions during the year with Exeter City A.F.C. Limited of which J Tagg and C Harrison were directors of during the year. Expenditure amounted to £33,487 (2024: £58,252) in relation to marketing, business development, venue hire, kit, prizes and recharges. Income in respect of rents and sponsorship amounted to £27,950 (2024: £47,532). At the year-end date balances of £11,574 (2024: £1,250) were due from, and amounts of £5,023 (2024: £1,757) were due to, the football club in respect of trading ledger balances.” — page 39
“There were the following transactions during the year with Exeter College of which R Morshead was a director of during the year. Expenditure amounted to £23,383 in relation to venue hire, Income in respect of services provided amounted to £191,411. At the year-end date balances of £20,798 (2024: £8,560) were due from, and amounts of £3,150 (2024: £1,246) were due to, the college in respect of trading ledger balances.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/01/2025)
Total income
£2.5m
Total spending
£2.2m
Reserves (reported)
£1.9m
Employees
99
Trustees
- Andrew Rothwell
- Holly Davey
- Julian Francis Tagg BEM
- Karime Hassan MBE
- Matthew Lee Davey
- Paul James Goodes
- Richard Wynford Marsh
- Ross Morshead
- Sanjana Truran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £2.5m | £2.2m |
| 31/01/2024 | £2.3m | £1.9m |
| 31/01/2023 | £2.1m | £1.7m |
| 31/01/2022 | £1.7m | £1.4m |
| 31/01/2021 | £1.1m | £940k |
Common questions
Is EXETER CITY COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The charity reported a net incoming resource of £347,110 for the year ended 31 January 2025, resulting in total net assets of £1,952,027. Unrestricted funds stood at £1,862,925, with free reserves calculated at £690,070, which the trustees state represents approximately 5.3 months of staffing and operating costs. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Charlton Baker (Bristol) Ltd.
Who funds EXETER CITY COMMUNITY TRUST?
Funders whose own accounts filings name EXETER CITY COMMUNITY TRUST as a grant recipient include THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES, NORTHBROOK COMMUNITY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES | FY2025 | £41k | Community Impact |
| NORTHBROOK COMMUNITY TRUST | FY2025 | £6k | Alternative education, sports and physical activity for KS2 children |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 16/01/2025 | £10k | Lose2Win |
| UK government | 01/04/2019 | £18k | Covenent Fund |
| UK government | 01/04/2018 | £18k | ALB - Armed forces Covenant Fund Trust- Covenent Fund |
| Sport England | 13/02/2014 | £8k | Get Equipped - Exeter Power Chair Football Club |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £550k |
| THE JENOUR FOUNDATION | 1 | £24k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £20k |
| THE DIXON FOUNDATION | 1 | £6k |
| THE GREATER MANCHESTER HIGH SHERIFF'S POLICE TRUST | 1 | £4k |
Charities like this
- CHELTENHAM TOWN COMMUNITY TRUST
- THE CARDIFF BLUES COMMUNITY FOUNDATION
- NORTHAMPTON TOWN FC COMMUNITY TRUST
- HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION
- Stockport County Community Trust
- YORK CITY KNIGHTS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EXETER CITY COMMUNITY TRUST | £2.5m | — | — | unclear | — | no doubt |
| CHELTENHAM TOWN COMMUNITY TRUST | £442k | — | 0 | unclear | — | no doubt |
| THE CARDIFF BLUES COMMUNITY FOUNDATION | £404k | — | 0 | unclear | — | no doubt |
| NORTHAMPTON TOWN FC COMMUNITY TRUST | £1.4m | — | 0 | below | — | no doubt |
| HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION | £199k | — | 0 | unclear | — | no doubt |
| Stockport County Community Trust | £976k | — | 0 | unclear | — | no doubt |